Economic Trends

"The health services industry faces unprecedented challenges as the coronavirus pandemic stretches into its fifth month. The industry was already a major employer in the Garden State pre-pandemic, but ..."

"Nearly half of business owners anticipate it will take 10 months or longer to generate revenues comparable to pre-COVID profits, while nearly 12% say they will never make up for those missed ..."

" The Impact of COVID-19 on New Jersey's Workforce  NJ's Weekly UI Claims & Estimated Total Unemployment Every Thursday, the U.S. Department of Labor releases Unemployment Insurance Weekly ..."

" The Impact of COVID-19 on New Jersey's Workforce NJ's Estimated Weekly U-6 Unemployment Rate Prior to COVID-19, Focus NJ was tracking the state’s employment rate on a monthly basis, given ..."

"Executive Summary The Paycheck Protection Program (PPP) was enacted on March 27, 2020 through the CARES Act to alleviate economic strain caused by COVID-19. PPP loans are available to small ..."

"The nation is in uncharted territory from the stresses that the novel coronavirus has placed on healthcare providers and the economy. While the health and welfare of the American people is and should ..."

"Most people would say $2.2 billion is a lot of money. That happens to be the average annual net amount New Jersey has lost in Adjusted Gross Income (AGI) due to people moving in and out of the state ..."

"The construction industry is essential to expanding economies.  It is, however, slow to change especially when it comes to using technology and artificial intelligence. As a result, the industry ..."

"New Jersey is trying to position itself as an ideal location to retain and attract businesses that spur invention and innovation. The increased Angel Investor Tax credit recently signed into law, ..."

"A seemingly unending national economic expansion and record low unemployment doesn’t seem to be giving New Jersey the same boost as surrounding states. The state’s economy appears strong now, but ..."